SpiceJet has reported its highest-ever quarterly net profit of Rs 319 crore for Q4 of FY25. This marks a huge jump from just Rs 26 crore in the previous quarter—over 12 times higher. Even bigger news: for the first time since FY18, the airline closed the year in the black, posting a full-year profit of Rs 48 crore. Just a year ago, SpiceJet was staring at a net loss of Rs 404 crore in FY24.
A big leap backed by strong demand
SpiceJet’s turnaround comes on the back of robust passenger demand, tight cost control, and smart pricing strategies. The airline’s operating revenue rose 17.5% quarter-on-quarter to Rs 1,446 crore, with total revenue at Rs 1,942 crore. The company’s EBITDA more than doubled to Rs 527 crore. Passenger Load Factor stayed high at 88.1%, showing that SpiceJet planes are flying fuller than ever.
Revenue per Available Seat Kilometre (RASK) also improved to Rs 5.66, a key sign of stronger financial health.
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Equity boost and network expansion
SpiceJet’s net worth, which turned positive in Q3, hit Rs 683 crore by the end of the year. The promoter group helped with an equity infusion of Rs 500 crore, including Rs 294 crore in Q4 alone. This kind of backing shows investor faith in the airline’s long-term game.
On the network side, SpiceJet added 24 new flights and reached new destinations like Tuticorin, Porbandar, and Dehradun. It even launched special Haj flights and kicked off international ops for FY26 with Kathmandu.
Let’s be honest—few expected this kind of comeback. SpiceJet has had its share of hard landings over the years. But this result shows what can happen when demand meets discipline. Now, the airline says it’s “well-positioned for sustainable growth,” and maybe, just maybe, flyers can finally breathe a little easier.
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